Phone scam

There are all kinds of scam nowadays. One well known way is using the telephone to scam you out of your money. They have been successful too. Millions have been lost. Sometime I cannot imagine how it can happened. These people must be real smart able to con millions out of people using only the phone. Who have not received such phone calls. I for one have received numerous time. The person on the line will say that I have an outstanding loan from a bank. The funny thing is, I have never done any dealing with the said bank but these people can get you rattled. Suddenly you start thinking, is it true or not? You get curious and asked for more info. That's when they trap you. So far I have managed to curb my curiosity I just told them don't worry I will call the bank myself thank you. If they persist, I will put the phone down. One even told me Bank Negara will come after me after this.